Mortgage Navigator • Conventional • Affordable Programs

Freddie Mac Refi Possible

Refi Possible is Freddie's targeted no-cash-out refinance program for eligible borrowers and existing Freddie-owned loans.

Build My Mortgage Game Plan Conventional Navigator

No-cash-out only

Refi Possible is delivered as a no-cash-out refinance, not a cash-out transaction.

Income framework

Freddie's 2026 AMI implementation uses a 100% AMI threshold for Refi Possible eligibility under the applicable current rules, distinct from Home Possible's 80% AMI limit.

Existing Freddie loan

The program requires the refinanced mortgage to meet Freddie's ownership and product eligibility requirements and is identified through the related Freddie loan data.

Not every Freddie refinance is Refi Possible: ordinary no-cash-out conventional refinancing remains available outside this targeted product.

Official guide baseline

Fannie Mae Selling Guide · Freddie Mac Seller/Servicer Guide

Affordable-conventional product rules are layered on top of ordinary conventional underwriting. Income limits, occupancy, education, LTV and subordinate financing requirements must all be checked.